COGNICURRENT

The Zero Sustainable Money App has ceased trading, advising its customers to withdraw their funds before the app closes completely.

The rise in loan delinquency rates in Argentina is prompting banks and fintech firms to restrict credit offerings, impacting family financial stability and lending costs.

Austriacard Holdings is expanding its presence in the USA with a new Card Personalization Center in Salt Lake City, expected to open in Q3 2026 with an investment of up to 2 million dollars.

Mexican retail giant Femsa is cutting hundreds of jobs in its fintech arm, Spin, signaling challenges in a competitive financial landscape.

The Central Bank of Brazil has reported a data breach involving registration details linked to 28,203 PIX keys managed by the fintech Pefisa due to system failures.

Banco Macro has purchased a 50% stake in Banco Sáenz to bolster its digital expansion strategy in the Argentine financial sector.

The 2026 FIFA World Cup in Mexico is expected to significantly boost the adoption of digital payments, according to the director of Mercado Pago, who highlights the benefits over cash transactions for both safety and convenience.

Nigeria's fintech sector is experiencing significant growth, requiring a collaborative approach between regulators and innovators for sustained development.

Berlin-based fintech Bling allows money transfers between minors and expands its services to schools.

South Korean banks have launched a service allowing small business owners to easily compare and switch their credit loan options online to alleviate financial burdens.

Delinquency in non-bank credit in Argentina has reached approximately 25%, with fintech loans facing significant repayment challenges amid increasing financial difficulties for households.

Nubank has joined Febraban, the Brazilian Federation of Banks, during a significant move to enhance its position in the financial industry amidst evolving regulatory standards.

Estonian fintech Iute Group officially enters the Ukrainian banking market as the first foreign bank to operate in the country since 2021.

Snappi, Greece's first neobank, launched the Snappi Fintech & AI Lab, aimed at integrating academic research with entrepreneurship in AI-powered banking.

An employee in a Canadian fintech startup was fired just two weeks after being hired due to a grammatical error in an email draft.

Elon Musk's new payment system, X Money, is set to enter public testing, with Polish engineer Luke Nosek possibly playing a significant role in its development.

Elon Musk's plan for X, formerly known as Twitter, aims to transform it into an all-in-one application, with Luke Nosek, a Polish-American engineer, playing a significant role in this transformation.

Snappi has unveiled its Fintech & AI Lab, aimed at bridging academic research with entrepreneurship in digital banking in Greece.

PayPay, a leading QR code payment service under SoftBank Group, has made its debut on the NASDAQ, drawing significant market interest despite ongoing geopolitical concerns.

PayPay, a leading QR code payment service, debuted on the U.S. Nasdaq market with a market capitalization of approximately 1.9 trillion yen.

OPay refutes claims of its office closures in Nigeria, stating that reports of non-compliance with tax obligations are false.

Stone, a fintech company, has dismissed over 300 employees, prompting claims of mass layoffs and allegations of anti-union practices from the workers' union.

Kapital Group is exploring organic and inorganic growth opportunities in the financial sector, particularly in light of the recent acquisition of Autofin and Intercam's assets.

According to expert Alexis Nickin Gaxiola, fintechs in Mexico should contribute to sustainable development, leveraging their technological advancements in promoting economic, social, and environmental sustainability.

Mercado Libre plans to invest US$ 3.4 billion in Argentina in 2026, creating 1,900 new jobs as part of its expansion strategy.

The Central Bank of Brazil has announced the liquidation of fintech Dank Sociedade de Crédito Direto due to severe financial complications and legal violations.

The Central Bank of Brazil has announced the extrajudicial liquidation of Dank Sociedade de Crédito due to severe financial distress and violations of legal norms.

Mercado Libre will invest US$3.4 billion and create 1,900 new jobs in Argentina as part of its 2026 plan to enhance logistics infrastructure and fintech operations.

Revolut has received full banking approval from the UK's Prudential Regulation Authority, allowing it to offer comprehensive banking services after a five-year application process.

PalmPay Nigeria has launched the Purple Women initiative to enhance women's skills in fintech and leadership amid low representation in the sector.

PalmPay Nigeria is empowering women in the fintech sector through its Purple Women initiative, aimed at enhancing their digital and leadership skills.

The Securities and Exchange Commission (SEC) of Nigeria has launched its first Regulator/FinTech Clinic to enhance collaboration with the FinTech sector and ensure compliance with regulatory standards.

The FinTech Mexico Festival 2026 showcased a maturing digital financial ecosystem in Mexico, emphasizing innovation and collaboration among various stakeholders.

This article discusses how Argentine entrepreneurs are developing an AI-driven platform in New York to automate reconciliation processes in the financial services industry.

Major US banks are contemplating a lawsuit against a federal regulator over new licensing rules for crypto and fintech companies that they argue jeopardize consumer safety and the financial system.

The crisis surrounding Banco Master is intertwined with both public and private sector issues in Brazil.

A major block deal worth 695 crores involving PB Fintech has attracted the interest of big players like Goldman Sachs and Tata Mutual Fund.

Naranja X, a fintech company in Argentina, has launched the fifth edition of Talento Flux, a training program for young leaders in the fields of technology, business, and finance.

The Nigerian Senate has decided to strengthen the regulatory framework for the fintech sector by placing the Central Bank of Nigeria at the forefront of supervision and addressing the rise of Ponzi schemes.

Mitsui Sumitomo Financial Group has announced a refresh of its personal finance service "Olive," integrating it with PayPay and allowing users to manage accounts from other banks from its app.

Juan Ignacio Veltri, a 30-year-old developer, is accused of defrauding Aerolíneas Argentinas by manipulating their website to acquire airline miles fraudulently.

Nosh has launched an eSIM feature as part of its strategic expansion into global mobile connectivity, targeting travelers and remote professionals.

Two men were arrested in São Luís as part of an operation investigating fraud against fintechs amounting to R$ 322 million.

Ualá, an Argentine digital bank, has secured US$195 million in funding, raising its valuation to US$3.2 billion and enabling it to expand its services across Latin America.

The Argentine fintech Ualá has raised $195 million in a funding round led by Allianz X, valuing the company at $3.2 billion.

DolarApp, a global financial services platform, has raised US$70 million in funding and rebranded as ARQ to expand its offerings beyond international transactions.

A significant data breach at Figure Technology Solutions has compromised personal information of nearly one million individuals who applied for loans online.

The Central Bank of Argentina has introduced the Cobro con Transferencia (CCT), a new system aimed at making installment payments cheaper and more efficient for consumers.

Amid rising default rates among families and businesses, Argentina's Central Bank has introduced a mechanism allowing banks and fintech to secure loan repayments through immediate transfers.

The Nigerian House of Representatives is discussing a bill to create a Fintech Regulatory Commission, as the fintech industry reaches a valuation of $230 billion.